OKEx (www.okex.com), a cryptocurrency spot and derivatives exchange, has announced that the team behind the open-source public OKExChain has partnered with Cosmostation, an enterprise-level validator provider and end-user application developer.
This collaboration marks the latest in a series of partnerships — covering wallet providers, smart contract auditors, blockchain security specialists, and DeFi DApp developers — all serving to expand its rapidly growing ecosystem.
Acting as a validator node on the network, the integration of Cosmostation will allow users on the OKExChain to stake their tokens to earn rewards. To date, close to $3 billion in assets are already being staked using Cosmostation infrastructure.
In addition to node operation, Cosmostation provides tools — such as noncustodial mobile and web wallets, as well as the Mintscan Block Explorer — and will be supporting OKExChain users across its product range.
Six other major partners have also joined the OKExChain ecosystem this quarter, including blockchain security experts, smart contract auditors and cybersecurity experts: Chains Guard, Beosin, Certik, PeckShield, KnownSec and Chaitin.
OKEx CEO Jay Hao commented on the latest partnerships, “We’re extremely impressed with the work the OKExChain team has done so far in building out its ecosystem to make it as robust and user-friendly as possible. We’ve seen several major partnerships already this quarter and are thrilled to welcome Cosmostation as a trusted node operator on OKExChain. With its dedicated focus on trading, OKExChain is cementing its role as a serious contender in the DeFi economy.”
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